Cornerstone Chemical
Cornerstone Chemical is a privately held intermediate chemicals manufacturer operating an 800-acre integrated campus in Waggaman, Louisiana, producing melamine and urea for aerospace, automotive, construction, agriculture, and electronics customers. The company exited sulfuric acid in 2025 (sold to Ecovyst) and is mothballing acrylonitrile, while anchoring a UBE battery-chemicals tenant.
- Company typePrivate
- Founded1952
- HeadquartersMetairie, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cornerstone Chemical does
Cornerstone Chemical Company, LLC is a privately held intermediate chemicals manufacturer operating a single integrated production campus, the 800-acre Cornerstone Energy Park in Waggaman, Louisiana (with corporate offices in Metairie). The company traces its operations to a 1952 American Cyanamid groundbreaking and has produced acrylonitrile, melamine, sulfuric acid, and urea at the site continuously for over 70 years, with melamine added in 1971 and the original acetylene-based acrylonitrile process replaced by a Sohio-licensed propylene route in 1966. The site is co-located with strategic tenants including CF Industries (ammonia, acquired on-site in 2023), Röhm (methacrylic acid, on-site since 1977), and UBE C1 Chemicals America (lithium-ion battery chemicals under construction), with shared utilities, feedstock pipelines, and rail/river logistics.
Cornerstone's product technology centers on a single-site propylene-based acrylonitrile process (historically supported by proprietary filtration enabling uniquely high purity and a global number-two producer position), an integrated melamine line (~70% of global melamine demand is tied to laminates and wood adhesives), a sulfuric acid regeneration plant (divested to Ecovyst in March 2025 for $35M), and urea production backed by on-site ammonia supply. End markets span aerospace and defense (acrylonitrile for carbon fiber in F-35, F-16, CH-53K, UH-60 platforms and commercial aircraft including Airbus A350), automotive (acrylonitrile for synthetic tire rubber enabling 60,000+ mile tire life), construction (melamine for plywood, MDF, particleboard, and laminates), agriculture and emissions control (urea for fertilizer, NOx abatement, DEF), and electronics.
The business model is direct-to-customer B2B sales of intermediate chemicals on multi-year contracts, priced by unit (e.g., $/lb or $/MT) with periodic melamine price-increase notices, distributed via pipeline, truck, rail (five Class I railroads), and a Mississippi River deep-water dock. The company runs dedicated customer service teams by product line with US toll-free and European (Newcastle/Amsterdam) coverage. In February-March 2025 Cornerstone announced the mothballing of its acrylonitrile unit (effective June 30, 2025) and the sale of sulfuric acid operations, retaining melamine and urea as the core franchises while pivoting the park toward new energy-related tenants such as UBE.
Cornerstone Chemical firmographics
Firmographics- Name
- Cornerstone Chemical
- Legal name
- Cornerstone Chemical Company, LLC
- Website
- https://cornerstonechemco.com
- Company type
- Private
- Founded year
- 1952
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Cornerstone Chemical is a privately held intermediate chemicals manufacturer operating an 800-acre integrated campus in Waggaman, Louisiana, producing melamine and urea for aerospace, automotive, construction, agriculture, and electronics customers. The company exited sulfuric acid in 2025 (sold to Ecovyst) and is mothballing acrylonitrile, while anchoring a UBE battery-chemicals tenant.
- Ownership category
- akta.pro rank
Cornerstone Chemical industry classification
Industry- Product category
- Intermediate Chemicals Manufacturing
- NAICS
- Petrochemical Manufacturing (325110), Basic Chemical Manufacturing (3251), Chemical Manufacturing (325)
- SIC
- Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)
- akta.pro primary industry
- Base Olefins (Ethylene, Propylene, Butadiene) (IMAEADAA)
- akta.pro secondary industries
- Ammonia & Nitrogen Feedstocks (Ammonia, Urea, Nitrates) (EUALAHAG), Commodity Organic Chemicals (Solvents & Intermediates) (IMAEAAAB)
Keywords
Where Cornerstone Chemical is headquartered
LocationHeadquarters
- HQ city
- Metairie
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Cornerstone Chemical business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
Revenue model
- Acrylonitrile Sales: Sale of acrylonitrile, a versatile organic compound used in hard plastics, acrylic and carbon fibers, synthetic rubbers, wind turbine blades, solar battery panels, pharmaceuticals, and medical treatments. Cornerstone is the second-largest global acrylonitrile producer.
- Melamine Sales: Sale of melamine used in insulation, laminates, adhesives, flame retardants, plastics, foam cleaners, wood adhesives, and construction materials. Approximately 70% of global melamine demand comes from laminates and wood adhesives.
- Sulfuric Acid Sales: Sale of sulfuric acid as a drying agent in industrial gas production, car batteries, gasoline refining, and methyl methacrylate (MMA) manufacturing. (Note: Sulfuric acid operations were sold to Ecovyst in March 2025)
- Urea Sales: Sale of high-quality urea solutions for agriculture (fertilizer), stationary NOx abatement, and diesel exhaust fluids.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Melamine price increase effective July 1, 2025 |
| Unit Pricing | Multi-year contract | Melamine price increase effective April 1, 2025 |
| Unit Pricing | Multi-year contract | Melamine price increase effective October 1, 2024 |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Cornerstone Chemical product offering
Product offeringCore offering
Cornerstone Chemical manufactures intermediate chemicals at its 800-acre Cornerstone Energy Park in Waggaman, Louisiana. The company produces acrylonitrile, melamine, sulfuric acid, and urea for industrial customers serving aerospace, automotive, construction, electronics, and agricultural end markets. In 2025 the company divested its sulfuric acid operations to Ecovyst and announced the mothballing of its acrylonitrile unit.
Product overview
Cornerstone Chemical Company is an intermediate chemical producer operating as a single-location manufacturing facility at Cornerstone Energy Park in Waggaman, Louisiana. The company produces four primary chemical products: Acrylonitrile (a reactive building block monomer for plastics and carbon fibers), Melamine (used in laminates, resins, and flame retardants), Sulfuric Acid (industrial drying agent and battery acid), and Urea (fertilizer and diesel exhaust fluid). These products serve diverse end markets including aerospace, automotive, electronics, construction, and agriculture. In 2025, the company sold its Sulfuric Acid operations to Ecovyst and announced mothballing of its Acrylonitrile unit.
Differentiator
Problem solved
Functional benefit
Products and services
- Acrylonitrile A reactive building block monomer (C3H3N) produced via catalytic ammoxidation of propylene, used in acrylamide, acrylic fibers, nitrile rubber, elastomers, ABS plastics, surface coatings, carbon fibers for aerospace, and synthetic rubbers for automotive tires.
- Melamine An odorless white powder compound used as a major raw material in coatings, resins, laminates, flame retardants, molding compounds, wood adhesives, plywood, medium-density fiberboard, countertops, and thermal spray foam insulation.
- Sulfuric Acid Industrial sulfuric acid used as a drying agent in production of industrial gases, in car batteries, and for gasoline refining. Cornerstone had invested $36 million in a regeneration plant to convert spent acid back to high-quality product.
- Urea High-quality urea solutions for use in agriculture (fertilizer), stationary nitrogen oxide (NOx) abatement, and diesel exhaust fluids.
Quantifiable outcome
- 60,000+ miles tire lifespan with acrylonitrile-based synthetic rubbers vs. 20,000-30,000 miles previously
- +3 more outcomes
Companies that use Cornerstone Chemical
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Cornerstone Chemical technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cornerstone Chemical partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered major, flagship, minor and core.
- EcovystmajorEcovyst acquired Cornerstone's Sulfuric Acid production operations for $35.0 million plus $6.3 million in working capital adjustments. The transaction aligns with Cornerstone's strategic goal of operating high-performing specialty chemical assets. Ecovyst, headquartered in Malvern, Pennsylvania with over 900 employees and 12 facilities worldwide, operates the Ecoservices segment as a leading North American provider of virgin sulfuric acid and regeneration services.
- UBE C1 Chemicals America, Inc. (UBE)flagshipUBE is investing $500 million to co-locate at Cornerstone Energy Park to construct a facility for production of lithium-ion battery and semiconductor components including dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC). The facility will create 50-60 skilled jobs and 400+ construction positions. Groundbreaking projected for early 2025 with operations starting 2027. Both companies are committed to sustainability and environmental responsibility.
- LSU (Louisiana State University)minorCornerstone partnered with LSU through a $400,000 Incumbent Worker Training Program grant from the State of Louisiana. Programs included finance, supervision, troubleshooting, and technical skills training.
- River Parishes Community CollegeminorPartner institution for the Incumbent Worker Training Program grant, providing technical skills training to Cornerstone employees.
- GNO, Inc. (Greater New Orleans, Inc.)minorGNO, Inc. administers the Louisiana HBCU Innovation Internship program. Cornerstone participated in 2023, welcoming three interns from Xavier, Dillard, and SUNO for hands-on STEM work experience.
- Shell Robert Training CenterminorTraining partner for the Incumbent Worker Training Program grant, providing technical skills training to Cornerstone employees.
- Cherbonnier/Rillieux Elementary SchoolminorCornerstone adopted this local school for educational outreach including STEM Manufacturing Day, back-to-school supply donations, and rewards for reading programs.
- Joseph A. Cuillier Career CenterminorPartnership for workforce development including site tours, leadership seminars sponsorship, mentorship, and participation in advisory committees shaping curriculum.
- American Plant Food River Partners (APFRP)minorCollaboration on community events including Trunk or Treat, Halloween donations, and Community Open House at local schools.
- Dyno NobelminorPartner on community Halloween events including Trunk or Treat and goodie bag donations at Waggaman events.
- Jefferson Parish Economic Development Commission (JEDCO)minorStrategic collaboration supporting UBE's $500 million facility investment at Cornerstone Energy Park, creating jobs and economic growth in Jefferson Parish.
- Gray ConstructionminorContractor partner for community events including Japan Fest sponsorship and back-to-school supply drives at Cornerstone Energy Park.
- National World War II MuseumminorCornerstone partnered with the National World War II Museum's STEM Innovation Gallery for hands-on workshops for kids and families. Cornerstone employees volunteer at workshops.
- United WayminorCornerstone employees contribute to United Way of Southeast Louisiana and St. Charles Parish chapters, volunteering at agencies and serving on boards of directors.
- New Orleans SaintsminorThree-year partnership bringing STEM and Reading Rallies to local schools, benefiting over 1,000 Jefferson Parish students. mascots Sir Saint and Gumbo participate in educational events.
- Akin Gump Strauss Hauer & Feld LLPminorServed as mergers and acquisitions (M&A) counsel to Cornerstone in connection with the sale of sulfuric acid operations to Ecovyst.
- CF IndustriescoreCF Industries, the world's largest producer of ammonia, acquired the ammonia production facility at Cornerstone Energy Park in 2023. The facility commissioned in 2016 supplies ammonia and carbon dioxide (byproduct) to Cornerstone for use in its urea, melamine, and acrylonitrile products.
- Osprey InitiativeminorEnvironmental consultant partner for recycling initiatives including the LSU GameDay Recycling Challenge, supporting campus and stadium-wide recycling efforts.
- LSU AthleticsminorCornerstone has been a proud partner of LSU Athletics since 2021, collaborating on sustainability and Baton Rouge recycling efforts including the GameDay Recycling Challenge.
- GHDminorGlobal sustainability consultancy that guided Cornerstone's 2021 materiality assessment to identify and prioritize environmental, social and governance (ESG) topics relevant to the business and community.
- RöhmcoreElectric parts manufacturer Röhm and its predecessors have been on-site since 1977. The company manufactures performance plastics and methacrylic acid, both used in Cornerstone's production of sulfuric acid.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Cornerstone Chemical competitors and assessment
Company assessmentDirect peers
- Ascend Performance Materials: The largest global producer of acrylonitrile (Cornerstone was #2), with integrated adipic acid and nylon 6,6 production. Directly comparable as an acrylonitrile-heavy intermediate chemicals manufacturer serving similar end markets including automotive and engineering plastics.
- INEOS Nitriles: Global acrylonitrile producer operating the Green Lake facility in Texas. Comparable as a competing acrylonitrile manufacturer with similar propylene ammoxidation process and downstream ABS/acrylic fiber customer base.
- AdvanSix: U.S.-based intermediate chemicals producer of caprolactam, ammonium sulfate, and acetone — derived from similar phenol/ammonia chemistry. Comparable single-site nylon intermediates producer with overlapping end markets in automotive, construction, and consumer goods.
- OCI Global (now IFCo / OCI Methanol): Nitrogen products producer (ammonia, urea, methanol) operating the same Gulf Coast / Texas geographic footprint. Comparable as a competing nitrogen-based chemical manufacturer with similar agricultural and industrial end markets.
- Ecovyst: Acquired Cornerstone's sulfuric acid operations in March 2025 and is a leading North American provider of virgin sulfuric acid and regeneration services. Directly comparable as a competing sulfuric acid and specialty catalyst supplier.
Broad incumbents
- CF Industries: World's largest ammonia producer and Cornerstone's co-located feedstock supplier at Cornerstone Energy Park. Comparable as a major nitrogen chemicals producer with overlapping agricultural (urea) and industrial (ammonia, CO2) customers.
- Honeywell Resins & Chemicals (now part of Hexion divestiture): Former Cornerstone CEO Matthew Sokol was COO at Hexion, a specialty chemicals and resins producer with overlapping melamine/formaldehyde resin and adhesive chemistries serving construction and engineered wood markets.
- Trinseo: Global materials producer of styrenics, latex binders, and engineered plastics including ABS — a downstream application of acrylonitrile. Comparable as a buyer of acrylonitrile-derived intermediates serving automotive, construction, and consumer goods.
Emerging players
- Mitsui Chemicals: Japanese chemical producer with melamine and acrylonitrile derivatives in its portfolio, including UBE partnership and dimethyl carbonate capacity. Comparable as an Asia-based specialty chemicals peer with overlapping melamine and EV-battery chemistry exposure.
Others
- UBE Corporation: Cornerstone Energy Park co-tenant investing $500M in DMC/EMC lithium-ion battery and semiconductor chemicals. Comparable as both a partner and a peer in specialty industrial chemicals with overlapping Gulf Coast operational footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Cornerstone Chemical social profiles
Digital presenceCornerstone Chemical compliance and trust
Trust signalCompliance5 records
Cornerstone Chemical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cornerstone Chemical leadership team
Management profileNumber of profiles
Profiles6 records
Cornerstone Chemical funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cornerstone Chemical M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cornerstone Chemical
What does Cornerstone Chemical do?
Cornerstone Chemical manufactures intermediate chemicals at its 800-acre Cornerstone Energy Park in Waggaman, Louisiana. The company produces acrylonitrile, melamine, sulfuric acid, and urea for industrial customers serving aerospace, automotive, construction, electronics, and agricultural end markets. In 2025 the company divested its sulfuric acid operations to Ecovyst and announced the mothballing of its acrylonitrile unit.
Is Cornerstone Chemical a public or private company?
Cornerstone Chemical is a private company. It is classified as unknown and is currently operating.
When was Cornerstone Chemical founded?
Cornerstone Chemical was founded in 1952. It employs 251 to 500 people.
Where is Cornerstone Chemical based?
Cornerstone Chemical is headquartered in Metairie, United States, in the North America region.
How does Cornerstone Chemical make money?
Four revenue lines are on record. Acrylonitrile Sales are the primary driver. The others are melamine Sales, sulfuric Acid Sales and urea Sales.
Who are Cornerstone Chemical's main competitors?
Direct peers on record are Ascend Performance Materials, INEOS Nitriles, AdvanSix, OCI Global (now IFCo / OCI Methanol) and Ecovyst. Broad incumbents are CF Industries, Honeywell Resins & Chemicals (now part of Hexion divestiture) and Trinseo. Mitsui Chemicals is listed as an emerging player. UBE Corporation is listed as an others.
Does Cornerstone Chemical have an API?
No public API is recorded for Cornerstone Chemical.
What industry is Cornerstone Chemical in?
Cornerstone Chemical's product category is Intermediate Chemicals Manufacturing. Its primary akta.pro industry code is IMAEADAA, Base Olefins (Ethylene, Propylene, Butadiene), with a secondary code of EUALAHAG, Ammonia & Nitrogen Feedstocks (Ammonia, Urea, Nitrates). Its NAICS code is 325110 and its SIC code is 2860.